Can I get paid for ticket sales before my event?
SocialLoop team · 2 min read · Updated
Not on SocialLoop: your share of each sale is released to your Stripe account at the later of 7 days after the sale or 3 days after the event ends. Advance ticket sales therefore do not fund your pre-event deposits. If you require access to that money beforehand, this payout schedule does not fit that requirement.
| Stage | What to budget for |
|---|---|
| Before the event | Ticket money is not available for venue deposits or other advance costs |
| Release to Stripe | The later of 7 days after the sale or 3 days after the event ends |
| New-host reserve | For hosts with fewer than 3 past events, 10% is held until 7 days after their latest event ends |
| Bank deposit | Your Stripe payout schedule applies after release; host payouts wait until at least $10 is available |
Good to know
Plan deposits and up-front costs on the assumption that ticket money arrives after the event: ask the venue for a deposit you can pay from savings, or a balance due after the night.
Stripe then pays your bank on your Stripe payout schedule, weekly on Fridays for new Stripe accounts created through SocialLoop. Payouts wait until at least $10 is ready to send.
Why does SocialLoop hold ticket money until after the event?
So that a charge disputed after the event can be covered while the money is still held, which protects you and your guests. The hold ends at the later of 7 days after the sale or 3 days after the event ends.